Excitement is flooding the cryptocurrency market as Bitcoin sits on the teetering edge of price discovery.
“Bitcoin is at $70,000, and the funding heatmap looks like this.The shakeout did its job,” he explained.Following a break of a trend line resistance level and bounce from the 200-day EMA, hethat Bitcoin is currently in the “short squeeze” phase, enticing bears to place trades, which, when liquidated, will enable Bitcoin’s price to soar upward.
Yet, this is not the only crypto gathering pace. New presale Bitcoin Minetrix is also surging, having recently crossed the $13 million total raised mark.presale is thriving, with the Bitcoin halving less than one month away. This innovative approach essentially tokenizes Bitcoin cloud mining, making it widely accessible and simple for anyone to get started.
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